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John Redwood's Diary
Incisive and topical campaigns and commentary on today's issues and tomorrow's problems. Promoted by John Redwood 152 Grosvenor Road SW1V 3JL
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Devolution and growth

March 29, 2024 169 Comments

There is no evidence that devolving power to regional governments in the Uk foster more economic growth.Indeed there is evidence the opposite is true. SNO Scotland and Labour Wales have grown less than England. The NHS in Scotland and Wales both cost more per head but perform less well than NHS England.

There is no reason why an additional layer of government with more officials would make somewhere more prosperous. Regional governments want to impose more and different regulations than the national government. Both the Welsh and Scottish governments wanted longer and tougher lockdowns for covid to add to the damage lockdown policies did.

The regional governments become campaign platforms for their First Ministers and ruling parties who use their position to criticise and undermine national policies. They lobby for more money and get more spend per head than England. They then prove more public spending does not lead to faster growth or better economic performance.

Many Councils in England use their positions similarly. Politicians like Kahn use their platforms to try to undermine the national government. They pursue their own vendettas against van and car drivers, damaging local businesses and shopping centres. They claim be short of money yet they spend a fortune on wrecking the roads. Many buy up portfolios of commercial property and renewable power generation , risking  taxpayers money. Some lurch to bankruptcy as a result.

The Opposition parties who want more of all this will level down any more successful place they win, whilst failing to tackle poverty, lack of successful business and run down urban centres elsewhere.

 

The NHS

March 28, 2024 169 Comments

I usually agree with the electorate whose opinions reflected  in issue polls are often more sensible than the views of government and opposition parties.

I agree with current polls that reveal a deep dissatisfaction with the NHS. I do not agree that the answer is more money. If only it were that simple. If more money on its own would fix it we would have fixed it this decade.

Spending on health has shot up from 2019. At £180 bn this year, it is £56 bn or 45% higher than in 2019. It is true prices and wages have gone up. Adjusting for this the NHS is receiving more than 20% extra. That is a much bigger rise than the Brexit savings on the side of the bus. They and tax rises have all been absorbed into the NHS budget.

The NHS will each year need some extra  money.We want nurses and doctors to be well paid and the NHS to be able to afford new medicines as they become available. It would help reduce the strains on the service if there was a large reduction in legal migration, as recent years  have brought in plenty more patients.

It is also true that in recent years there has been a big increase in non medical staff numbers and an expansion of senior grades of management. There has been a big drop in output per person implying the extra management has made the lives of those doing the medical work more difficult and bureaucratic.

More money should only be committed to achieve better outcomes for patients. We need better management, probably with fewer managers.

 

The road to net zero. The $275 trillion bet

March 27, 2024 67 Comments

I am bringing out a short book updating my work on green policy. Titled “The $275 trillion Green Revolution. Will consumers buy it? “it is published by Bite sized books and available on Amazon here: https://www.amazon.co.uk/275-Trillion-Green-Revolution-Consumers/dp/1738558428/ref=sr_1_1?crid=3RC5ABLGBLE5Q&dib=eyJ2IjoiMSJ9.MhlzOxY1chcW2WlWoSkhZD5sZpuILHQfDW061MBLpTkaRxrfT2uc_njXk5hxfh8ai4JjHGzAJ_uz66TOSHcJOlUqxMql0zDVfrQpZfOW0RIr3pMYf54GpLnqgwli7y4Jm3Mm4WCOZCk14IANoeqqc3FAixqnCvz5swKzl6H_gBHsCnNzUUGWlJT_Uwaolg2d2iJCjeaLteCcfFtmZjaZsK0dbb3BCHZjEmrrnOE8vXg.JtAVgfOd9pzJKfUEX_Av8HjAV4WOiBbKUkHX4O8kkEc&dib_tag=se&keywords=John+redwood&qid=1712055538&sprefix=john+redwood%2Caps%2C121&sr=8-1

It looks at two main problems  with this top down movement led  by an international Treaty based elite and by most national governments. It asks how will this all be paid for. It sets out how consumers currently do not buy into the products the governments want them to adopt, from battery cars to heat pumps and from smart meters to non meat diets. It takes the Mc Kinsey global forecast of expenditure needed for transition in the period 2021 to 2050.

Government energy policy

March 26, 2024 142 Comments

This site normally sets out government policy and provides proposals to change or improve it. I run just two articles explaining aspects of Labour policy and some of you complain. Yet at the same time some write in to tell me they will not vote Conservative even if that means a Labour government .They should at least be willing to think about and discuss Labour policy as current polls say Labour can win the election. It is also worth thinking about  how the official opposition would like the government to change things as they can try to get rebel Conservatives to help them.

There is now a substantial and I urge growing gap between Labour and Conservative over the road to net zero. Conservatives now recognise the  need for more gas generated electricity for the time being to keep the lights on. Labour wants to close all those stations by 2030 and depend on renewables. How would they keep the lights on when the wind does not blow and the sun does not shine? Conservatives want to get more of our own oil and gas out of the North Sea. Labour want to ban all new oil and gas development at home and import instead. More home energy means more well paid jobs and more tax revenue at home.

The government has said it sees it needs to be realistic about net zero. That means letting people buy petrol cars and gas boilers  for longer. It means waiting until much more nuclear power is available, still a decade away at best.It means taking synthetic fuels and hydrogen more seriously as possible runners. Believing you can get to net zero on power generation by 2030 and rely on more windfarms cannot work.

The government need to amend their lecturing taxing and subsidising in favour of various car and heating systems that are not  as green or as good as some Ministers seem to think.

 

Labour’s expensive fantasy land for 2030

March 26, 2024 139 Comments

Labour’s plans to phase out all gas and coal power stations by 2030 requires the UK to accelerate its build of wind farms, solar panels, nuclear power, and battery storage. It would also require a big expansion of the grid. They propose a nationalised industry to do much of this work as it would require huge subsidies and managed prices for the power. Claire Coutinho is right to highlight the huge cost of some £116 bn of trying to do this and to question the feasibility and wisdom.

It is of course totally unrealistic. Nuclear power will be considerably lower  by 2030 following the closures of existing power stations. It is not possible to decide now to put in extra nuclear power stations and have them producing power by 2030. Putting more and more windfarms in as they plan does not solve the problem of keeping the lights on on a windless day. Saying they can put in sufficient storage is more easily stated than delivered. Relying on big batteries would require a colossal programme of building them. Finding enough pump storage locations would not be likely. There is also the small matter of the grid which would need major enhancement against a background of long and complex planning procedures and many local communities wishing to protect their landscape or divert power lines from settlements and important buildings.

We need more affordable and reliable power. Balancing price and security of supply against environmental objectives is a crucial part of success in energy policy. Labour just goes for the environmental without a thought about keeping the lights on, helping business  be competitive and controlling people’s power bills. Combined cycle gas power still represents some of the cheapest and most reliable power, which is why our system needs what it has and needs some more for the transitional period,whilst nuclear, synthetic fuel, hydrogen and renewables become more affordable and practical propositions for more of our demand.

That Rachel Reeves lecture

March 25, 2024 141 Comments

I will spare you a party political response to the Reeves Mais lecture. Various journalists have described its vacuity, verbosity and timidity. I want to set out the big issues that directly affect UK growth, productivity, jobs and incomes that she ignored or knows nothing about.

1 The big role of the Bank of England in creating the instability in inflation  and output she condemns. A Bank which buys up £845 bn of bonds to keep money too loose is bound to cause inflation. When it then goes on to hike rates and to sell £130 bn of bonds at big losses it is likely to sabotage growth. She supports this wayward conduct.

2. She rightly criticises poor UK productivity. She fails to reveal the collapse of public sector productivity since 2019 or to show UK private sector factories have competitive productivity. Not a single proposal for turning round public sector productivity.

3. The labour market is talked about with no mention of large scale migration. Will she join me in wanting to ban work permits for migrants to fill low wage vacancies? Will she back government plans to cut legal migration by 300,000 and demand they go further?

4. She sees green investment and jobs as central. How much would her accelerated net zero policies cost? How would she avoid creating many new jobs in China that has cornered the market in big batteries, turbines and solar panels? How would she keep the lights on? Is she going to make us all go electric?

 

Who will rid us of these hopeless “independent” bodies?

March 24, 2024 128 Comments

Politicians of all parties have this century been in a hurry to shed responsibilities for anything difficult. There has been a rush to create more arms length bodies from government and to transfer more powers and money to the many quangos we already had. The politicians thought that this would remove them from responsibility for outcomes, and  would improve outcomes. Neither of these ideas came true.

The Bank of England is responsible for monetary policy and inflation. It has a prime aim of keeping inflation to 2%. It let it go to 11% by debauching the currency but most politicians declined to criticise or comment. The government got blamed for the inflation, and the government joined the Bank in  blaming  the Ukraine war.

NHS England with its high paid CEO and large Board and top management team is responsible for running the NHS, for recruiting, grading, rostering  and paying all the many staff. A series of strikes hit the NHS. The executives denied all responsibility for staff relations, pay and grading and said the dispute was a matter between Ministers and the Unions. It is difficult for Ministers to resolve the disputes when they cannot hire, promote, regrade, alter shift patterns or reward anyone in the NHS as all that is controlled by senior executives.Whatever goes wrong in the NHS the senior executives  always blame a lack of money, however much extra  the government provides. The government gives large sums to get the waiting lists down only to see them go up.

The arms length Post Office is regulated and monitored by UK Government Investments. They approved senior management, paid them large salaries and bonuses and just watched as they lost a stunning £1400 million as well as sending many innocent staff to prison for fraud and wrong accounting  they did not carry out. Ministers intervened to try to get criminal charges quashed and compensation paid, only to find the Post Office was still holding back in many cases.

The Rail Regulator, HS 2  and the nationalised Network Rail run by well paid senior executives have presided over a big loss of passenger numbers and revenue, and  have racked up huge losses for taxpayers .Parts of HS 2 have had to be cancelled owing to the absurdly large overruns on cost and timetable. Ministers are blamed for the results.

This could be a very long list. Many cases would reinforce the obvious points of these first three. High pay is a  reward for poor outcomes. No-one makes the senior managers responsible. Opposition parties have no interest in criticising the managers or holding them to account before they go so wrong, but delight in blaming the government when they do. Government is too cautious about intervening, fearing the Opposition would complain if they did. Both sides mouth the doctrine of independence, with the Opposition contradicting it often in the same interview by blaming Ministers for failures.  So overpaid managers get away with disaster after disaster and the taxpayer ends up with a huge bill.

Parliament and Ministers need to go back to accepting responsibility. They need to monitor, influence and if necessary change these top managers before disaster strikes. If someone wants private sector levels of CEO pay to run  the railways or the Post office they should expect private sector levels of surveillance and should expect no bonus or the sack if they make big errors. Ministers need to institute regular review meetings and proper reporting to them as shareholders or leading stakeholders in these bodies, so they see problems as they develop and require fixes before they get out of hand. Those few of us who warned of the likely inflation or sided with the sub post masters were ignored.

Winning elections

March 23, 2024 155 Comments

Conservative briefers are saying the party needs to be united to win the election. I have good news for them. Parties with plenty of internal rows  and disagreements always win, as the two main parties who usually win always  have MPs who disagree with the leadership. Today’s Labour party is badly split over Israel and the Middle East , over a faster move to net zero and over Rachel Reeves OBR austerity  economics but that has not stopped them doing well in opinion polls.

In the  last 50 years there have been two leaders who have won three elections in a row, a remarkable achievement. Margaret Thatcher did so despite facing continuous opposition from a significant group of MPs called the Wets. They regularly briefed disobliging comments about her personally as well as attacking her policies. They rebelled in Parliament on various measures. They put up a stalking horse candidate against her for leadership. They backed Heseltine as a replacement.He resigned from government to promote himself. She kept winning because she set out and enacted a clear vision of UK revival, economic growth and wider ownership.

Tony Blair kept winning despite facing many media stories of  his Chancellor’s disagreements and briefings from pro Brown people that wanted the  Chancellor to take over. He had to deal with a left wing group of MPs who thought he was not nearly  socialist enough. He persevered with the low tax rates the Conservatives left him and avoided recession . Eventually he was persuaded out before his Chancellor’s policies put us into a banking crash and deep recession.

If an election were a contest of who is the more united party Labour would be discovered as very split. The truth is millions of former Conservative voters are  undecided or currently saying they may stay at home or spoil their ballot paper or vote for someone who cannot win. They do not want a Labour government and see that Labour government would double up on those  very policies of this government that they do not like.

To win the Conservative leadership needs to do more things this group likes and voted for. Start with getting migration well down as now promised and cut back the woke state  to free money for more tax cuts. Let people make more of their own choices. Champion the big Conservative success of halving unemployment  and allowing so much job growth.

The Bank gets it wrong again

March 22, 2024 138 Comments

The Bank of England forecast inflation at 2% when it was going on to hit 11%. So clearly it does not understand inflation and has little ability to forecast it accurately as it is required to do. It tells us the inflation was caused by the Ukraine war and energy prices which it could not predict. So how come inflation was already 3 times target before the invasion? That main part of the inflation was not caused by the war. How come Japan and China kept inflation down to around 2% despite having to import much dearer energy as a result of the war?

N ow we are told they cannot risk lower rates because there could be more trouble in  the Red Sea. Freight rates and insurance rates are already well up and much shipping has been diverted to the long route, so markets know all about that pressure on prices. Meanwhile the money supply has been squeezed, credit is dear and scarcer, mortgage demand has fallen and the Bank ignores all these obvious signs that inflation will come down.

 

Worst of all is the gross distortion of its balance sheet. They bought far too many bonds at crazy prices in 2021 only now to want to sell them at huge losses and send the taxpayer the bill. Why? The ECB that made the same inflationary mistake is not doubling the error by selling bonds in the market. The Fed is not getting reimbursement from its Treasury. Only the Bank insists on double austerity with squeezed money and less public spending or tax cuts as the taxpayer picks up the bill of the UK’s uniquely bad bond investor, the Bank of England. Never has the Bank lost so much money so quickly for no good purpose.

We need an urgent change of Bank policy, Stop selling the bonds. Cut the base rate by 25 bp. Switzerland, Poland, Hungary, Brazil, China have started cutting their rates.

We need a new way of forming budgets Conservative Home article

March 21, 2024 97 Comments

The two main parties are locked in a budget battle.They are  dug into OBR  provided  trenches and fighting over the odd couple of billion here or there for a Non Dom tax and a Vat on private school fees tax.

£2 bn is under 0.1% of our economy and around 0.2% of revenues. Even when they  get so far as to argue about a £10 bn tax cut or spending increase they are still only talking about a sum under 0.5% of GDP. More to the point they are arguing over small rounding errors in the error strewn OBR forecasts of the deficit. The OBR regularly has to revise its deficit forecasts down by several tens of billions.

I  understand  the need for  parties to behave in a fiscally responsible way. They have to live down the huge spending rises necessitated by excessive lock downs as the preferred way of tackling covid. Labour was the bigger offender, always demanding the economy produced less  and was  subsidised more,always wanting longer and harder lockdown,  encouraging huge bills taxpayers could not afford. I do not understand why people think following the OBR will give us fiscal prudence, as they cheered on the covid excesses and now favour an economic austerity that will stifle growth and so depress revenues.

However, in resigned acceptance of the cross party and establishment’s wrong approach to necessary prudence I have set out before how there could be substantial cuts to public spending without damaging core services like the NHS and education. Within misleading OBR rules government  could find plenty of headroom to boost growth with tax cuts and or cash for investment for those who prefer that public sector led route.

We start with my old friend the heavily loss making Bank of England. They have lurched  from creating inflation by printing too much money and keeping rates too low, to causing a shallow recession by destroying too much money and by driving bond interest rates too high. They have lost us £50 bn since 2022, all reimbursed by taxpayers. Stop the bond  sales and follow ECB policy over bank reserves to make a big reduction in the losses and taxpayer subsidies.

Abolish the expensive and useless UK Government Investments . Get Ministers to supervise their departmental monitoring  of the nationalised industries and state owned shareholdings that report to them. They already duplicate the UK Government Investments work.  Put in management that can stop the huge losses at the Post Office and Network Rail. Dispose of holdings as with Nat West to bring in cash and cut risks. Sell other assets. Mutualise the Post Office. Achieve  a substantial  reduction in the £33 bn cash injection this year into a heavily loss making railway.

Get an accurate figure out of the Treasury/ OBR on early year capital  costs of providing a low wage migrant with a new social home, NHS capacity, school places for children and the rest. Identify the  top up benefits , tax credits and public service running costs to support a low paid new arrival. .Increase current targets to cut legal migration by 300,000 and reduce future spending accordingly.

Remove the £20 bn carbon capture spend from future budgets. There is no need for this transitional spend which just makes existing electricity dearer. Press on with cheaper functioning low carbon alternatives. The UK may have good carbon storage facilities so make these available for neighbouring countries producing too much CO 2 financed as a future profit making private sector opportunity.

Speed up policies to get more of the millions of working age not in work back into the workforce. The DWS has some good ideas to reduce the numbers of working age people not in jobs by suitable support, more home  working and realistic pay.


Build on the announcement in the budget of a major public sector productivity drive. The 6% collapse in public service productivity since covid can be recaptured before embarking on an ambitious spend to save AI led programme of work. The immediate task should be to impose a recruitment ban on civil service and public sector admin posts to recover 2019 numbers and levels of productivity.

These measures offer scope for up to £100 bn of savings through recaptured productivity, lower losses by state concerns, more private green investment and fewer low wage migrants. These things warrant more debate. The odd £2 bn is an OBR fiction that will be washed away in their forecasting errors.

 

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Brexit Facts4EU.Org
↻Brexit Facts4EU.Org@Facts4euOrg10h
"If you thought Ed Miliband was extreme, try his replacement..." As EU households double air-con use in 6 years, we reveal how Fahnbulleh would probably prefer to ban it in UK. Will she make ‘Red Ed’ look like an oil industry lobbyist? ... Pls re-post ! ...
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John Redwood
John Redwood@johnredwood10h
Well done to Chris Philp pointing out the French police are not stopping the illegal migrant boats. The UK is paying France £661m to stop this dangerous trade. The PM should make it his priority to get them to stop the boats or cancel these payments
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John Redwood
John Redwood@johnredwood10h
The four new UK nuclear submarines are being built at Barrow with good UK jobs already created. Employees need to be security vetted. What difference is the PM going to make to these jobs and to recruitment?
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John Redwood
John Redwood@johnredwood10h
The PM wants to improve carers’ pay and conditions and wants more social care to relieve hospitals. Fine. When, and how will he pay for it? How much will it save on A and E departments?
💬24↻31♥175❝0
John Redwood
John Redwood@johnredwood10h
When will the PM see that he needs to solve problems he identifies, not just complain about them and put them out to review as with social care. He also needs to cut waste and undesirable spending so he can afford some new policies.
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John Redwood
John Redwood@johnredwoodJul 29
Water nationalisation we are told polls well. Not if you told people how much extra tax they would have to pay for all the new investment needed and to compensate existing owners. If the state offered no compensation it would undermine new private investment in the UK.
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John Redwood
John Redwood@johnredwoodJul 29
Glad the Business Secretary is telling the PM we need billions of private capital to build new reservoirs and water treatment works, new power stations and extra grid. The Treasury does not have those billions to spend on nationalising our utilities. No more tax rises.
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John Redwood
John Redwood@johnredwoodJul 29
Mr Burnham offers us lots of things that some think nice to have . He has no idea how to pay for them. Free social care, nationalised water and energy would cost billions requiring huge tax rises. Another big hit to the economy. More people with money fleeing the country.
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John Redwood
John Redwood@johnredwoodJul 29
Mr Burnham told us he was going to solve the social care problem. A few days later he says he wants the Opposition parties to help him find a solution. So which is it? Previous cross party talks failed to reach an agreement.
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Brexit Facts4EU.Org
↻Brexit Facts4EU.Org@Facts4euOrgJul 28
Our important immigration report is covered on GB News today: "Fresh hell for Andy Burnham" Our version is here: ... Pls re-post ! ...
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John Redwood
John Redwood@johnredwoodJul 28
Nothing new in wanting the same esteem for technical as well as academic education. That has been Conservative policy for years. If the PM wants more mortar layers and fewer mortar boards he needs to reverse the falls in housebuilding under this government.
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John Redwood
John Redwood@johnredwoodJul 28
The PM‘s first decision was to abolish the Science department, transferring work to three departments. When will he publish a plan and timetable for the changes? How many lose their jobs? What is the cost of the reorganisation?
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John Redwood
John Redwood@johnredwoodJul 28
Early release of dangerous criminals is wrong. The PM does not need to review the policy. He needs to change it now. Kemi has set out how.
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John Redwood
John Redwood@johnredwoodJul 28
Labour’s high tax policies have driven many millionaires out of the country and made those who stay poorer.They see this as a move to greater equality. The problem is now less well off people will get higher tax bills to replace the lost revenue.They are making everyone poorer.
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John Redwood
John Redwood@johnredwoodJul 27
24 March 2024 the Sunak government announced the imprisonment of a people smuggling boat pilot. I am pleased this year the Labour government is also now prosecuting these people who endanger lives. We need to do more to deter these illegal trips.
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John Redwood
John Redwood@johnredwoodJul 27
The government needs more tax from growth. So lift the bans on new oil and gas and on making petrol cars. Cancel carbon tax and emissions trading levies to stop the loss of high energy using businesses.Home oil and gas could be a tax gusher. More UK jobs means more UK tax.
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John Redwood
John Redwood@johnredwoodJul 27
The MOD says buy British. Good idea, but government policy means importing steel, petrochemicals, aluminium, glass, ceramics and other high energy using products in the name of net zero. UK carbon taxes are designed to close a lot of UK industrial plants.
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John Redwood
John Redwood@johnredwoodJul 26
@Worstedjumper All get free health care at all ages. We all have to pay for our own food and accommodation unless we cannot get a job and do not have savings. Why should someone in a care home with a good private pension get free food when a pensioner living in their own home has to buy food?
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John Redwood
John Redwood@johnredwoodJul 26
No previous government has “solved” the social care problem because nationalising care and offering free care for all is just too expensive. Reform fails as soon as you try to answer who will pay if not the people with savings and pensions living in the care homes.
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John Redwood
John Redwood@johnredwoodJul 26
Announcing nice to haves daily by a PM with no money to spend will end badly. He will need big tax rises, hitting the economy again, or face runaway debt costs as interest rates rise further.
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John Redwood
John Redwood@johnredwoodJul 26
The PM cannot afford to offer all in care homes free food and accommodation. He does not even have the money for the VAT cut. Of course people want tax cuts and lower living costs, but that requires the government to spend less.
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Claire Coutinho
↻Claire Coutinho@ClaireCoutinhoJul 25
An extraordinary revelation in The Times. Whistleblowers have provided documents that prove NESO and DESNZ *know* that the surge in wind, solar and batteries is putting us at greater risk of blackouts and higher bills. The whistleblower says they are ‘flying blind.’ I first ...
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John Redwood
John Redwood@johnredwoodJul 25
Why has growth been so poor in Wales with devolved government and Labour in charge up to the last election? It has had more taxpayer cash per head than England.
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John Redwood
John Redwood@johnredwoodJul 25
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John Redwood
John Redwood@johnredwoodJul 25
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John Redwood
John Redwood@johnredwoodJul 25
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John Redwood
John Redwood@johnredwoodJul 24
The PM’s policies on buses, rough sleeping and taxes on pubs are national policies. How does this work when his big idea is to get regional Mayors to make more decisions?
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John Redwood
John Redwood@johnredwoodJul 24
The PM blunders on with no idea of how to pay for things. His proposed small cuts in business rates do not remove much of the Reeves high increases, and his bus fares cuts just get us back to Conservative levels after Starmer hikes.
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John Redwood
John Redwood@johnredwoodJul 24
The 30 year government borrowing cost in Germany is 3.66%, US 5.17%, and UK 5.79%. UK taxpayers are having to pay a big penalty for this government’s economic mismanagement.
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Brexit Facts4EU.Org
↻Brexit Facts4EU.Org@Facts4euOrgJul 23
Bad news for Burnham’s ‘alignment’ plans. Problems mount as @GBNEWS once again splashes our latest report. Latest data shows in UK’s last 5 years as a member they only took 5% of their illegal migrants back. Click on GBN’s post below and pls re-post! ... ...
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Brexit Facts4EU.Org
↻Brexit Facts4EU.Org@Facts4euOrgJul 23
Bad news for Burnham: ‘aligning’ with EU won’t help with illegal migrants. “Dublin’s dead” – In UK’s last 5 yrs as a Member, it could only deport 5% of all requests it made. And Macron won’t take his illegal migrants in the UK back anyway. ... Pls re-post! ...
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John Redwood
John Redwood@johnredwoodJul 23
2010-24 saw 14,000 new prison places, but also closures of old facilities.Labour inherited a large building programme. They need to deport more foreign criminals to free prison places. Do not offer early release to violent and sexual offenders.
💬16↻56♥343❝1
John Redwood
John Redwood@johnredwoodJul 23
Why does the government find it so difficult to control spending? Stop the big losses on bond sales at Bank of England. Stop the carbon capture and storage vanity projects. Freeze recruitment to civil service. Stop Councils making property and renewable power “investments”.
💬20↻118♥836❝6
John Redwood
John Redwood@johnredwoodJul 23
The nationalised water industry in the 1970s and 1980 s regularly dumped sewage in the rivers and sea. When they started to monitor and report this the UK became known as the “dirty man of Europe”.
💬24↻56♥350❝3
John Redwood
John Redwood@johnredwoodJul 23
One of the last acts of the nationalised water industry in 1988 was the Camelford drinking water poisoning. They told customers the water was safe for days after the dangerous error. The privatised industry inherited a big backlog of repair and improvement works.
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John Redwood
John Redwood@johnredwoodJul 22
Good news it is no to digital ID. Bad news there is no saving as no budget for it. Meanwhile the government carries on spending on ... One login with its digital ID which fails to work for some, and fails to gain access to all government departments.
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John Redwood
John Redwood@johnredwoodJul 22
Good news the PM can say things to the camera without a script. Bad news if they are all made up without any idea of how to pay for them or how to implement them
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John Redwood
John Redwood@johnredwoodJul 22
Any idea what the PM will actually do? No good just pushing out a wish list of things he thinks might cheer people up. A PM has to get departments and Ministers to do things which are legal, affordable , and are carried out all across the country by staff who can do it.
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Brexit Facts4EU.Org
↻Brexit Facts4EU.Org@Facts4euOrgJul 21
Spain’s illegal migrant ‘amnesty’ receives 1.2m applications in just 10 weeks. Likely to rise to over 2m – how many will come to the UK? Part-Communist govt gets nearly 2½ times expected number: 60% male, 60% under 34. ... Pls re-post! ...
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Kemi Badenoch
↻Kemi Badenoch@KemiBadenochJul 21
In the last few hours alone Andy Burnham’s Government has talked about: Cutting energy bills Lifting the personal tax allowance Nationalising Thames Water The biggest council house programme since the War Giving mayors more funding Creating a new National Care Service More
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John Redwood
John Redwood@johnredwoodJul 21
Keir Starmer said he got everything right and had improved the country. So why did Labour sack him? Will Mr Burnham change anything important?
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John Redwood
John Redwood@johnredwoodJul 21
The PM says he wants to improve living standards. How when he wants higher taxes and a dearer public sector? Why continue to ban new UK oil and gas which could generate lots of tax revenue? Where are the policies to back business, cutting the costs of employing people?
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John Redwood
John Redwood@johnredwoodJul 21
What a chaotic reshuffle. Senior Ministers left hanging around for hours while they awaited news of their new jobs. PM setting out things he wants to spend money on before hearing Cabinet views on priorities or the Chancellor’s assessment of finances.
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John Redwood
John Redwood@johnredwoodJul 20
@Worstedjumper Not so.
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John Redwood
John Redwood@johnredwoodJul 20
Mr Burnham says he will implement the 2024 Manifesto. So how will he smash the gangs? When will energy bills be £300 lower? When will he cancel the National Insurance rise which has destroyed jobs and slowed growth? Will he lift the threat to the Chagos islands?
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John Redwood
John Redwood@johnredwoodJul 20
What first attracted Mr Burnham to nationalisation? Was it the Post Office imprisoning innocent staff? HS2 with massive cost overruns and long delayed trains? Nationalised water cutting off some people’s supply in the 1976 heat wave and dumping sewage in rivers and on beaches?
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John Redwood
John Redwood@johnredwoodJul 20
Mr Burnham today should set out which companies he will nationalise. Will he make taxpayers pay compensation to owners or will he confiscate the assets? Does he realise people’s savings and pension funds are at risk if he steals them and foreign investors could stop investing?
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John Redwood
John Redwood@johnredwoodJul 19
Mr Burnham criticises selling UK utilities to foreign states and companies. I agree. I helped Margaret Thatcher put in Golden shares to prevent this. It was the Labour government after 1997 that wrongly cancelled these protections to please the EU.
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John Redwood
John Redwood@johnredwoodJul 19
Disastrous idea by Mr Burnham to want to recreate the 1970s when a Labour government overspent, over borrowed, overtaxed. It had to beg a humiliating loan from the IMF as it was engulfed by high inflation. Too many nationalised services went on strike and cost us a fortune.
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John Redwood
John Redwood@johnredwoodJul 19
6-4. Well done England! Great win against France by attacking play, and great entertainment.
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About John Redwood

John Redwood won a free place at Kent College, Canterbury, and graduated from Magdalen College Oxford. He is a Distinguished fellow of All Souls, Oxford.
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